Seaport Tma Inc is located in Boston, MA. The organization was established in 1996. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 08/2021, Seaport Tma Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seaport Tma Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 08/2021, Seaport Tma Inc generated $238.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $245.6k during the year ending 08/2021. While expenses have increased by 4.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE AND ENCOURAGE THE USE OF ALTERNATE MEANS OF TRANSPORTATION FOR COMMUTERS IN THE SEAPORT DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FACILITATE AND ENCOURAGE THE USE OF ALTERNATE MEANS OF TRANSPORTATION FOR COMMUTERS IN THE SEAPORT DISTRICT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick Sullivan CEO | Officer | 40 | $125,722 |
Taran Grigsby Clerk | OfficerTrustee | 5 | $0 |
Chuck Pappalardo President | OfficerTrustee | 10 | $0 |
Yanni Tsipis Treasurer | OfficerTrustee | 10 | $0 |
Dana Griffin Director | Trustee | 5 | $0 |
Joel Barrera Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $238,125 |
Investment income | $164 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $238,289 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $125,903 |
Compensation of current officers, directors, key employees. | $88,132 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $50,000 |
Pension plan accruals and contributions | $2,087 |
Other employee benefits | $8,016 |
Payroll taxes | $14,568 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,205 |
Advertising and promotion | $0 |
Office expenses | $5,133 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $9 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,578 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,329 |
All other expenses | $0 |
Total functional expenses | $245,591 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,330 |
Savings and temporary cash investments | $178,003 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,817 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $228,150 |
Accounts payable and accrued expenses | $12,743 |
Grants payable | $0 |
Deferred revenue | $25,795 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $38,538 |
Net assets without donor restrictions | $189,612 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $228,150 |
Organization Name | Assets | Revenue |
---|---|---|
Tompkins Consolidated Area Transit Inc Ithaca, NY | $39,345,124 | $21,152,302 |
Vermont Public Transportation Association Inc Bennington, VT | $1,209,700 | $10,904,135 |
Institute For Transportation And Development Policy New York, NY | $4,433,460 | $8,870,568 |
Cooperative Alliance For Seacoast Transportation Dover, NH | $7,006,129 | $8,852,816 |
Advance Transit Inc Wilder, VT | $17,081,099 | $7,862,543 |
Southeast Vermont Transit Inc Wilmington, VT | $13,192,153 | $6,694,813 |
Transitcenter Inc New York, NY | $83,620,564 | $6,464,249 |
Neponset Valley Tma Woburn, MA | $386,955 | $3,016,668 |
Evkids Inc Dorchester, MA | $1,111,937 | $1,049,199 |
Fall River Line Pier Inc Fall River, MA | $1,435,268 | $611,215 |
Green Mountain Carshare Burlington, VT | $630,324 | $813,855 |
Riders Alliance Inc New York, NY | $1,388,863 | $1,808,991 |